Exploring digital green convergence for firm competitiveness

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-10-26 DOI:10.1016/j.frl.2024.106363

Yanyun Zhang , Shujing Yue , Xiaobing Lai

引用次数: 0

Abstract

Promoting digital green convergence is critical toward high-quality development. Sampling with 17,814 digital green patents of listed firms in China from 2009 to 2021, we find that digital green convergence significantly improves firm competitiveness. The dependability and relevance of our findings are further confirmed by several robustness tests. Our mechanism analysis shows that digital green convergence enhances firm competitiveness by reducing agency costs and increasing Environmental, Social, and Governance (ESG) performance. This paper provides theoretical and practical implications for uncovering the value of digital green convergence to improve firm competitiveness.

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探索数字绿色融合，提高企业竞争力

推动数字绿色融合是实现高质量发展的关键。通过对 2009 年至 2021 年中国上市公司的 17814 项数字绿色专利进行抽样调查，我们发现数字绿色融合能显著提高企业竞争力。多个稳健性检验进一步证实了我们研究结果的可靠性和相关性。我们的机理分析表明，数字绿色融合通过降低代理成本和提高环境、社会和治理（ESG）绩效来增强企业竞争力。本文为揭示数字绿色融合对提高企业竞争力的价值提供了理论和实践意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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